Tesco to cut 1,700 shop floor jobs

About 1 Year, 1 Month, 2 Hours, 29 Minutes ago.

Tesco is to cut 1,700 jobs from its branches and warehouses as part of its turnaround strategy for the company.
The UK's biggest supermarket chain also plans to create 900 jobs and says it will try to move staff affected by the cuts into the new roles.
UK chief executive Matt Davies said the changes were "necessary to ensure our business remains competitive and set up for the future".
Tesco is aiming to make £1.5bn in cost savings over the three years to 2020.
The cuts will be made both in the UK and in the group's international business.

Tesco employs about 460,000 staff internationally, including more than 300,000 in the UK.
Last year, it announced that 1,200 jobs would go at its UK head office and a further 1,100 as a result of the closure of its call centre in Cardiff.
http://www.bbc.co.uk/news/business-42779698